Yet, most proposals are still waiting for clarity from both provincial and federal governments about the level of assistance that could be put on the table.
The credit has since been eclipsed by larger incentives contained in the US$369-billion U.S. Inflation Reduction Act. The Trudeau government has pushed the UCP government to provide its own incentives or assistance to such projects. The Pathways Alliance, representing large oilsands producers, has also called on the province for help.
Bank of Canada Governor Tiff Macklem provided an economic update to the finance ministers; Toews said he spoke about the possibility of a “shallow recession” in Canada in 2023.Article content
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